LMA ELFA Best Practice Guide for Term Sheet Completeness

As part of a co-ordinated outreach exercise on behalf of their members, the LMA and the ELFA have sought to identify issues faced by the investor community with regard to term sheet sufficiency. The publication of this guidance paper is a result of that collaborative work, with invaluable input from respective LMA and ELFA working groups and specialist review providers (Covenant Review, Reorg and Xtract Research).

Downloads
File
LMA-ELFA-Best-Practice-Guide-for-Term-Sheet-Completeness.pdf

Become a Member

Membership in the LSTA offers numerous benefits and opportunities. Chief among them is the opportunity to participate in the decision making process that ultimately establishes loan market standards, develops market practices, and influences the market’s direction.

View Current Members

Our Partners

CUSIPFitch Group logolseg_da_logo_hrz_rgb_posMorningstar
Total Results: 

Sort by:

The Kirschner Case: This is the End

The Supreme Court denied Kirschner's petition for certiorari, finally ending the case. As LSTA's Elliot Ganz explains, this cements that syndicated loans are not securities,…